BNP Paribas Urges Investors to Guide Lawmakers on Climate Policy
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BNP Paribas SA is pushing global investors to collaborate and guide lawmakers to accelerate the transition to a low-carbon economy and meet their Paris Agreement obligations.
Investors aren’t following-up on statements sent to Group of Seven and G-20 countries that advocate for stronger climate policies, including a price on carbon and an end to fossil-fuel subsidies, Jane Ambachtsheer, the global head of sustainability at BNP Paribas Asset Management said in an interview. Instead, they should be engaging with lawmakers to help identify policies that support business and communities to speed up a transition, she said.